Shareholder Structure

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(As of September 31, 2025)

Shares and Shareholders

Number of shares authorized 1,300,000,000 shares
Number of shares outstanding 287,447,435 shares
(excluding treasury stock of 67,522 shares)
Number of shareholders 207,212 shareholders

Major Shareholders

Shareholders Number of
shares held
(thousand shares)
%
The Master Trust Bank of Japan, Ltd. (Trust Account) *45,954 15.99
Custody Bank of Japan, Ltd. (Trust Account) *12,595 4.38
LIXIL Employee Stock Ownership 8,433 2.93
JPMorgan Securities Japan Co., Ltd. 5,664 1.97
NORTHERN TRUST CO. (AVFC) SUB A/C AMERICAN CLIENTS
(Standing Proxy: The Hongkong and Shanghai Banking Corporation Limited Tokyo Branch)
5,371 1.87
STATE STREET BANK AND TRUST COMPANY 505103
(Standing Proxy: Mizuho Bank Ltd. Settlement Sales Department)
5,094 1.77
THE BANK OF NEW YORK MELLON 140044
(Standing Proxy: Mizuho Bank Ltd. Settlement Sales Department)
5,047 1.76
JP MORGAN CHASE BANK 385781
(Standing Proxy: Mizuho Bank Ltd. Settlement Sales Department)
4,003 1.39
Nippon Life Insurance Company
(Standing Proxy: The Master Trust Bank of Japan, Ltd.)
3,824 1.33
STATE STREET BANK AND TRUST COMPANY 505001
(Standing Proxy: Mizuho Bank Ltd. Settlement Sales Department)
3,772 1.31

Note 1:  Shareholding calculations exclude 67 thousand shares of treasury stock.

Note 2:  * indicates a trust service arrangement.

Classification by Type of Shareholders

【Pie Chart Breakdown (Unit: thousand shares)】Financial institutions: 76,533 (26.6%), Domestic companies: 29,977 (10.4%), Overseas investors: 63,033 (21.9%), Individuals and others: 117,903 (41.0%), Treasury stock: 67 (0.0%), Total: 287,514 thousand shares

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